Oilfield News and Industry Information

The ever-evolving oilfield industry presents both challenges and opportunities, especially as market trends continue to shape financing options for businesses in the energy sector. Staying informed on the latest oil and gas industry news is essential for navigating these changes and understanding their financial implications.

Oilfield News – (WTI) Crude Oil Price
Daily Crude Oil Prices

Oilfield News and Information – US Rig Counts

*Data from March 22nd, 2024, Baker Hughes Report.

Oilfield News – Industry Happenings

Read the latest on what’s happening in oil exploration, drilling, production, and pricing in North America and beyond.

• Methane Elimination Tech Firm Gets Investment from BC First NationSource: Rigzone – Latest News Published on 3 hours ago
• EIA Reveals Latest Henry Hub Gas Price ForecastsSource: Rigzone – Latest News Published on 5 hours ago
• First Nation Blockade is a Breach of Court Order: Obsidian EnergySource: Rigzone – Latest News Published on 5 hours ago
• This Week in Petroleum (5/1/2024)Source: Energy Information Agency – This Week in Petroleum Published on 1 day ago
• This Week in Petroleum (5/15/2024)Source: Energy Information Agency – This Week in Petroleum Published on 1 day ago
• This Week in Petroleum (5/8/2024)Source: Energy Information Agency – This Week in Petroleum Published on 8 days ago
• Lancaster oil shipments start off the UKSource: Oil&Gas Journal – Drilling & Production News Published on 4 years ago
• PTTEP agrees to acquire Partex HoldingsSource: Oil&Gas Journal – Drilling & Production News Published on 4 years ago
• MARKET: Brent crude falls more than $1/bblSource: Oil&Gas Journal – Drilling & Production News Published on 4 years ago

Oilfield Services Factoring With Scale Funding

For oilfield service companies and suppliers, securing reliable cash flow is essential to navigating the challenges of the ever-changing energy market. Factoring services tailored specifically to the oilfield industry offer a proven solution, providing businesses with immediate access to working capital. By staying informed on current industry trends and utilizing invoice factoring, companies can adapt to market shifts, maintain operations, and drive sustainable growth.

Since 1994, Scale Funding has been a trusted source of financing for oilfield service companies and suppliers. Through invoice factoring—selling open receivables for immediate cash—Scale Funding delivers the cash flow businesses need to thrive daily. With decades of experience, extensive industry knowledge, and a proven track record, we’re here to support oilfield companies with quality factoring services. To learn how we can help your business succeed,  contact us or call (866) 219-4858.